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Protagonist raises $40m to test oral peptides in IBD

 
• By Mandy Jackson

Protagonist Therapeutics raised $40m in Series C venture capital to take its first oral peptide drug candidate PTG-100 into clinical trials for the treatment of inflammatory bowel diseases (IBD).

Protagonist Therapeutics raised $40m in Series C venture capital to take its first oral peptide drug candidate PTG-100 into clinical trials for the treatment of inflammatory bowel diseases (IBD).

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The biotech reported Phase I multiple-ascending dose data for its obesity drug for the second time in a week, but its safety and tolerability do not offset concerns about relatively unimpressive weight reduction.

More from Therapy Areas

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